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Fla. Court Orders Southern Family Into Rehabilitation; Citizens to Receive Policies July 1

Southeast News • April 26, 2006
Leon County (Florida) Circuit Court Judge Thomas Bateman has ordered Southern Family Insurance Company, one of three financially-troubled property insurers of the Tampa-based Poe Financial Group, ...

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Subject: RE: Poe Gotta Go

Posted On: April 27, 2006, 7:37 am CDT
Posted By: Buzzard
Comment:
To those who think the Poe carriers had decent financial stability for the last 3 or 4 yrs. should ck in to the looney asylum. $30-60 mill in surplus (So Fam) is peanuts compared to the many Billions of dollars in exposure in Florida. I give Bill credit for what he did. He saw an opportunity to make money and did it with the blessings of the DFS. Nothing new to this, the problems is the DFS did not exercise control in letting a small company write this volume of business.
To be blunt any Agent with brains that played in this area knew that it would happen. To the Poe defenders, how many of you that live in a house with values that substantially exceed the FIGA $300k limit would have bought their carriers on their HO coverage? Poe's "ideal" Agents were the ones that didn't know what they were selling or former used car salespeople.
Subject Posted By Posted On
RE: Overcharges D
Apr 27, 2006, 1:56 pm
RE: The Insured, The Agent and The Mortgage Company...... Rater
Apr 27, 2006, 12:14 pm
The Insured, The Agent and The Mortgage Company...... Betrock
Apr 27, 2006, 11:37 am
RE: RE: RE: Get a clue Observer
Apr 27, 2006, 11:22 am
RE: RE: Get a clue Get A Clue
Apr 27, 2006, 11:14 am
RE: Get a clue Buzzard
Apr 27, 2006, 9:14 am
RE: RE: Poe Gotta Go Get a clue
Apr 27, 2006, 8:28 am
RE: Poe Gotta Go Buzzard
Apr 27, 2006, 7:37 am
Poe Gotta Go Told You So
Apr 26, 2006, 8:33 pm
Set the Record Straight ThinkbeforeUspeak
Apr 26, 2006, 7:19 pm
TAKE OUT COMPANIES lee
Apr 26, 2006, 6:34 pm
RE: Stop Depopulation agent
Apr 26, 2006, 5:37 pm
No Guts People Observer
Apr 26, 2006, 5:09 pm
RE: Overcharges disgusted
Apr 26, 2006, 5:08 pm
Stop Depopulation No More "TakeOuts"!
Apr 26, 2006, 4:37 pm
RE: hummm Buzzard
Apr 26, 2006, 3:42 pm
RE: RE: RE: Unfortunate Reinsurance Guy
Apr 26, 2006, 3:29 pm
RE: RE: Unfortunate Hmmm...
Apr 26, 2006, 3:16 pm
RE: Unfortunate Buzzard
Apr 26, 2006, 2:21 pm
Overcharges Seguros Insolvencia
Apr 26, 2006, 2:10 pm
Unfortunate Hmmm...
Apr 26, 2006, 2:08 pm
RE: RE: Get Real!!! CPCU
Apr 26, 2006, 2:04 pm
RE: Get Real!!! cowdogs3
Apr 26, 2006, 1:49 pm
Get Real!!! Cheryl
Apr 26, 2006, 1:37 pm
RE: RE: RE: RE: RE: Overcharges MW
Apr 26, 2006, 1:30 pm
RE: RE: RE: RE: Overcharges D
Apr 26, 2006, 1:11 pm
RE: Poe/ So Fam Buzzard
Apr 26, 2006, 1:10 pm
RE: RE: RE: Overcharges been there
Apr 26, 2006, 11:16 am
RE: RE: Overcharges Hal
Apr 26, 2006, 11:04 am
RE: Overcharges Mark
Apr 26, 2006, 10:54 am
Overcharges Seguros Insolvencia
Apr 26, 2006, 9:39 am
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